Content

The Author summarizes the achievements of the development of the Polish economy from 1989 to become the post-communist economic transition star today. Poland has created a regulatory framework more market friendly than the average of the world. In this process entrepreneurship played and important role and since the beginning of 21st century the Polish economy has entered the period of qualitative growth and differentiation of private business activities. Family firms have been the crucial factor in the successful rebirth of the Polish capitalism, although this fact has not been widely recognized. Family businesses are about 50% of all business entities, and that they generate about 40% of GDP, generating about 50% of all workplaces. The paper presents statistics on family businesses in selected European countries. The paper highlights some of the current economid development. The author justifies that the delay the entry to Euro-zone and to keep the national currency in the period of the global financial turmoil. As recently stated by the report of the National Bank of Poland the membership in Euro-zone would have led to macro-economic imbalances.

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